Jackliz said:Thank you? for the replies.
1.? We do have our WL and toad insured.
2.? ?A good insurance agent will sell you as much insurance as HE thinks you need.(Hidden agenda there or maybe not so hidden.? ;D) After all, that is his livelihood. Now, how does he decide? What criteria does he use for suggesting how much?
3.? I was seeking some criteria, financial, historical or otherwise, for deciding how much insurance coverage is necessary.?
4.? We have insured our vehicles with one company for 30 years. And for 12 years, have overpaid(in my opinion) for insurance on our motorhomes. Having just changed insurers, I am paying HALF for more coverage than I previously had. PLUS the previous insurer based the premiums on what my WL's original retail selling price was. I don't think that is fair.
Having insurance is a gamble. One hopes that one never has to use it.
OK, off of my soapbox.